SUN-UNIVERSITY

Operated by HENRY PETROLEUM CORP. (P-5 378635) in the COWDEN, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32628District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Dec 1999
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 193 leases and 3,124 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-03-03.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20ACRE UNITS PER #8-64059 6-3-74

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition128,338 bbl$2,101,723
Casinghead gasProduction12,755 Mcf$7,489
Total$2,109,213

9,845 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.1401, -102.5354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.14001, -102.53611 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
66.7%
4 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
4,775 ft
6 wells filed one
Completion to plug
19.4 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
233.3%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 4,734 and 4,785 ft, median 4,775 ft, over the 6 wells that filed a depth.

Completions filed
Apr 1990 – Mar 2000
6 of 6 wells
Plug dates filed
Apr 2003 – Jul 2020
4 of 6 wells; 2 filed none

Last completion to plug: a median of 19.4 years across the 4 wells that filed both dates, with the middle half between 17.1 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-0033705538024,734 ftMar 2000Jul 2020Yes
42-0033688437044,783 ftMar 2000Sep 2018Yes
42-0033682237034,785 ftMar 2000
42-0033682337024,766 ftJan 2000Jul 2020Yes
42-0033667938014,775 ftJul 1990Apr 2003Yes
42-0033668237014,775 ftApr 1990

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (84)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

84 months

Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19991,69918121.752.62$37,427
Aug 19991,25831219.262.88$25,126
Jul 19991,32728117.892.37$24,407
Jun 19991,67021815.942.36$27,135
May 19991,256015.792.32$19,832
Apr 19991,259015.102.21$19,011
Mar 19991,592012.471.84$19,852
Feb 19991,23209.981.82$12,295
Jan 19991,458010.381.90$15,134
Dec 19981,25709.201.77$11,564
Nov 19981,652010.892.19$17,990
Oct 19981,269012.421.97$15,761
Sep 19981,2641012.592.08$15,935
Aug 19981,4234111.301.91$16,158
Jul 19981,4183511.742.24$16,726
Jun 19981,425011.242.24$16,017
May 19981,437512.622.21$18,146
Apr 19981,4166913.042.51$18,638
Mar 19981,63010012.802.31$21,095
Feb 19981,3989413.952.30$19,718
Jan 19981,4277914.702.15$21,147
Dec 19971,2858416.322.41$21,174
Nov 19971,47214418.193.09$27,220
Oct 19971,46318419.253.15$28,742
Sep 19971,45915617.742.95$26,344
Aug 19971,63313517.862.55$29,510
Jul 19971,4419717.582.25$25,551
Jun 19971,45611817.242.26$25,368
May 19971,447518.972.31$27,461
Apr 19971,4224917.882.08$25,527
Mar 19971,63913118.951.94$31,313
Feb 19971,43020920.492.21$29,762
Jan 19971,64117323.483.54$39,143
Dec 19961,4576323.32$33,977
Nov 19961,64916821.97$36,229
Oct 19961,4507323.31$33,800
Sep 19961,62911422.22$36,196
Aug 19961,4539420.26$29,438
Jul 19961,63015419.55$31,867
Jun 19961,63111618.73$30,549
May 19961,43712119.43$27,921
Apr 19961,43517621.51$30,867
Mar 19961,62918819.38$31,570
Feb 19961,45017416.98$24,621
Jan 19961,81721917.07$31,016
Dec 19951,64623417.19$28,295
Nov 19951,64325016.00$26,288
Oct 19951,632515.43$25,182
Sep 19951,63912216.18$26,519
Aug 19951,6219415.92$25,806
Jul 19951,615015.24$24,613
Jun 19951,421216.41$23,319
May 19951,6314517.56$28,640
Apr 19951,63221517.73$28,935
Mar 19951,63419916.44$26,863
Feb 19951,46422516.58$24,273
Jan 19951,82319615.92$29,022
Dec 19941,64412015.03$24,709
Nov 19941,47016015.90$23,373
Oct 19941,63028715.58$25,395
Sep 19941,63739415.29$25,030
Aug 19941,62744816.13$26,244
Jul 19941,78566817.56$31,345
Jun 19941,63651617.09$27,959
May 19941,63429215.88$25,948
Apr 19941,81934714.14$25,721
Mar 19941,82533412.46$22,740
Feb 19941,82624312.50$22,825
Jan 19941,80426212.66$22,839
Dec 19931,99713912.33$24,623
Nov 19931,27721414.49$18,504
Oct 19931,74428815.85$27,642
Sep 19932,14629915.03$32,254
Aug 19931,6125415.66$25,244
Jul 19931,93926415.46$29,977
Jun 19931,90216916.79$31,935
May 19931,80619417.68$31,930
Apr 19931,89316918.05$34,169
Mar 19931,91123818.14$34,666
Feb 19931,88921217.90$33,813
Jan 19932,26228716.93$38,296

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 1999 — as filed, then multipliedworked
Oil                1,699 bbl  × $ 21.75 =    $36,953
Casinghead gas       181 Mcf  × $  2.62 =       $474

────────────────────────────────────────────────────
Month total                                  $37,427

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/32628 is the state's own key, not one this site invented.